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Tex-Ray Industrial Co., Ltd. engages in weaving, manufacturing, processing, dyeing, spinning, and trading of cottons, textiles, yarns, and fabrics. It operates through Dyeing and Weaving, Garment Processing, Machine Manufacturing, Metal Fiber, and Other segments. The company is also involved in processing and trading of garments; provision of ultrasonic cleaning and supercritical cleaning services; and extraction businesses. It has operations in Taiwan, the United States, rest of Asia, Mexico, Africa, and internationally. The company was founded in 1978 and is headquartered in Taipei, Taiwan.

Tex-Ray Industrial Dividend Announcement

Tex-Ray Industrial announced a annually dividend of NT$0.70 per ordinary share which will be made payable on 2021-10-15. Ex dividend date: 2021-09-13
Tex-Ray Industrial's trailing twelve-month (TTM) dividend yield is -%

Tex-Ray Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-09-13NT$0.70annually2021-10-15
2015-07-29NT$0.50annually
2014-07-24NT$0.20annually
2013-08-30NT$0.40annually
2012-08-07NT$0.20annually
2008-06-30NT$0.59annually
2007-07-10NT$1.13annually
2006-07-19NT$1.07annually
2005-08-04NT$0.23annually
2004-06-24NT$0.88annually
2003-09-17NT$0.45annually
2002-08-21NT$0.17annually

Tex-Ray Industrial Dividend per year

Tex-Ray Industrial Dividend growth

Tex-Ray Industrial Dividend Yield

Tex-Ray Industrial current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tex-Ray Industrial stock? Use our calculator to estimate your expected dividend yield:

Tex-Ray Industrial Financial Ratios

P/E ratio63.51
PEG ratio2.84
P/B ratio0.85
ROE1.35%
Payout ratio0.00%
Current ratio1.35
Quick ratio1.07
Cash Ratio0.70

Tex-Ray Industrial Dividend FAQ

Does Tex-Ray Industrial stock pay dividends?
Tex-Ray Industrial does not currently pay dividends to its shareholders.
Has Tex-Ray Industrial ever paid a dividend?
No, Tex-Ray Industrial has no a history of paying dividends to its shareholders. Tex-Ray Industrial is not known for its dividend payments.
Why doesn't Tex-Ray Industrial pay dividends?
There are several potential reasons why Tex-Ray Industrial would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tex-Ray Industrial ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tex-Ray Industrial has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tex-Ray Industrial a dividend aristocrat?
Tex-Ray Industrial is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tex-Ray Industrial a dividend king?
Tex-Ray Industrial is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tex-Ray Industrial a dividend stock?
No, Tex-Ray Industrial is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tex-Ray Industrial stocks?
To buy Tex-Ray Industrial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Tex-Ray Industrial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.